India's Semiconductor Industry – Opportunities for Swiss Exporters

India is rapidly building domestic semiconductor capacity across fabrication, packaging, and design – driven by demand from automotive, AI, and data centre sectors. Ten approved manufacturing projects across six states are creating immediate demand for the precision metrology, specialty materials, and advanced packaging capabilities where Swiss firms excel. The India-EFTA Trade and Economic Partnership Agreement (TEPA), effective since October 2025, further strengthens market access by reducing duties on high-precision machinery. S-GE and the Swiss Business Hub India support Swiss companies with market intelligence, partner matchmaking, and compliance guidance to help them position effectively in this fast-evolving ecosystem.